Rue La La is acquiring rival Gilt Groupe, though the terms of the sale aren’t known. Once the darlings of ecommerce, flash sale sites have become passé, though Rue La La owner Michael Rubin insists it’s a model that’s alive Read more
eBay published data today to show its contributions to the US economy, touting its role in helping to create jobs. The missive from Dan Tarman, Chief Communications Officer, eBay, comes as the company fights a public relations and legislative battle Read more
Walmart is selling 80% of Walmart Brazil to private equity firm Advent International. Walmart entered the Brazilian market 22 years ago, and Walmart Brazil today has 438 stores in 18 states, with 55,000 associates. The moves is part of the Read more
